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Nalezeno "Sec": 6731

Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest

22.2.2023
Paxos, a blockchain infrastructure platform and the issuer of Binance’s stablecoin Binance USD (BUSD), is in talks with the U.S. Securities and Exchange Commission over its decision to consider the stablecoin a security. In an email to employees, Paxos CEO Charles Cascarilla said they are having...

Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda

22.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would...

Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’

22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...

Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking

21.2.2023
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake

SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount

21.2.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S., but they’ve decided not to do it – some of them in open scorn...

Paxos is engaged in 'constructive discussions' with SEC: Report

21.2.2023
The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security

Paxos Is Holding a 'Constructive Discussion' With SEC: Reuters

21.2.2023
News of the talks comes a week after Paxos said it received a Wells Notice from the regulator

Composable Finance CEO denies legal violations as CTO steps down

21.2.2023
The CTO stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO

The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

20.2.2023
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem

'Regulators let the bad guys get big' — Kraken CEO speaks out after SEC settlement

20.2.2023
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy "the good guys"

Crypto Shilling Costs Yet Another Celebrity A Million Dollars

20.2.2023
Yet-to-collapse cryptocurrency, EMAX, has just gotten another celebrity in hot water. Short for EthereumMax, the bullshit scheme was promoted on Twitter by former NBA player Paul Pierce, except he rather forgot to say he was being paid hundreds of thousands of dollars for doing so. As reported...

SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review

19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...

ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’

19.2.2023
Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing, and encouraged her to “constructively engage” with its community

SEC sues Do Kwon, Paxos ready to litigate, SBF’s VPN: Hodler’s Digest, Feb. 12-18

18.2.2023
Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a security in a Wells Notice sent to its issuer, Paxos Trust Company. The SEC alleges...

NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax

18.2.2023
The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties.... Read More: NBA Star Paul Pierce to...

Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto

18.2.2023
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

18.2.2023
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply...